One reason the federally-funded SFPark program failed is that the maximum rate of $6 per hour* was too low to garner the benefits promised.
So, as here on Chestnut Street, it doesn’t really matter all that much if the meters charge $1 or $3 or $6 an hour – during busy times, the metered spaces will be occupied like 98%+ of the time. Times like these:
So why couldn’t a “market” pricing-based experiment charge more than $6 an hour? Well, politics.
Maybe the feds will give us another $20 million worth of pork and then we can do SFPark again?
*Outside of “special event” pricing, when it could/can go up to $72 an hour.